2.) RICE UPDATE: "My view on this is the same as it was yesterday -- that the focus on, and in some cases, the obsessive focus on Amb. Rice's appearance on a series of Sunday shows … is misplaced and misguided."

3.) MARIJUANA: What will Obama do about marijuana legalization in Colorado and Washington? Carney says Obama cannot "nullify federal law."

Full liveblog after the jump.

Carney starts at 12:40.

Carney talks about the new hashtag campaign, #My2K.

Carney; "When the American people speak out, they help get things done in Washington."

Carney says Obama is asking Americans to do the same thing.

Carney takes questions on the fiscal cliff.

Carney: "As we've talked about a lot, the three legs of that balanced stool" are spending cuts, revenue, and entitlements.

Carney says we'e seen some "positive developments."

More, on GOP tone on revenue : "The president will continue to make the case that that is essential. That is the only fair way to proceed."

Carney; "Austerity in and of itself is not a goal."

Q: There seems to be competing assessments on the fiscal cliff? What is it that the president is willing to give to get a deal?

Carney: "The $340 billion that you cite is in the president's budget proposal. … It demonstrates another piece of evidence that the president has been willing to make tough choices in order to get our fiscal house in order.

More: "The president made clear that he is not wedded to every detail of his plan."

Q: Since your briefing yesterday, we've gotten feedback on Susan Rice. What is your reaction to their comments, including Susan Collins?

Carney: "My view on this is the same as it was yesterday -- that the focus on, and in some cases, the obsessive focus on Amb. Rice's appearance on a series of Sunday shows … is misplaced and misguided."

Carney; "What I think the American people care about it is not the effort by some to politicize a Sunday show appearance but what happened actually in Benghazi. … Who was responsible for the deaths of four Americans…"

Carney says those are the concrete issues that need to be investigated and resolved.

More: "It's a shame to create a sideshow."

Q: Is the president concerned about this sideshow?

Carney; "The president has not made any personnel decisions that I can announce."

On the fiscal cliff, Carney says: "If I told you how much flexibility the president has it would eliminate his flexibility."

Debit ceiling question.

Carney: "Congress raises the debt ceiling. We certainly expect Congress will act appropriate" because "nobody in their right mind" would want to go through the 2011 debt ceiling crisis again.

Carney: "That political strategy resulted in a significant drop in consumer confidence … it had a series of negative effects on our economy."

Carney: "The president's presence is that Congress do its job."

Q: Meeting with Romney. How did that come about?

Carney: "He does not have a specific ask. I'm sure that the topics will be many in their lunch. The president noted that during the press conference that Gov. Romney was very successful in running the Olympics."

More: "The staffs of the two men got together and worked out a time for that to happen."

Q: Should her meetings be read as a trial run for a nomination?

Carney: "There has been a lot of discussion on her appearance on the Sunday shows … She believed that it was entirely appropriate to meet with members who had been particularly interested in … to meet with them and discuss exactly what happened, where the information came from … what she said was based on intelligence community assessments that were provided."

Q: So she initiated it?

Carney: "I would refer you to her office."

Q: Benghazi question. Does it raise competence about the intelligence community?

Carney says the Sunday show questions are

Q: The CIA told three senators that the FBI did that?

Carney: "We have to get our facts straight when we're talking about this story"

Q: What are the deductions that look good on paper but aren't good at raising revenue?

Carney doesn't want to identify them. Carney says that it's entirely appropriate that the wealthy be asked to pay more.

Carney makes an awkward skinning cat metaphor.

Q: Carney asked about Obama's trip on Friday and possible political motives.

Carney: "Brother, the election's over."

Q: Is there a symbolic purpose?

"I think there is. I think there is a tradition here. It is one of the often overlooked by remarkable things about this democracy, this oldest democracy, that we consistently have elections and either pass power on to a new leader of a new party, or because the voters choose, continue to invest power and authority … without violence and without the kind of anguish and disruptions that you see in so many countries around the world."

Q: Will Obama give Romney a gift?

Carney: "I don't have any more information."

Q: Is Romney under consideration for a cabinet position?

Carney: "No"

Q: Obama and Romney seem to dislike each other?

Carney: "Elections are serious business… they're hard fought."

More: "But the president, as he said in the aftermath of the election, believes that Gov. Romney has ideas that he's interested in, that were developed through some of the experiences that Gov. Romney had in his life."

Carney: "I think the president feels good about how the election turned out."

Q: Marijuana question.

Carney: "I appreciate the question, the Department of Justice has said that that they're reviewing those ballot measures."